Question Help S&C Company reported income before taxes of $151,000 for the years 2016, 2017, and 2018. In 2019 they experienced a loss of $302,000. S & Chad a tax rate of 20% in 2016 and 2017, and a rate of 30% is 2018 and 2019. The company elects to carry back the loss. What is the necessary journal entry to record the NOL carryback in the year of the loss? 90,600 O A. Income Tax Refund Receivable Income Tax Benefit 90,600 75,500 OB. Income Tax Refund Receivable Income Tax Benefit 75,500 60,400 OC. Income Tax Refund Receivable Income Tax Benefit 60,400 151,000 OD. Income Tax Refund Receivable Income Tax Benefit 151,000